Answer:
The probability is approximately 0.2222
Step-by-step explanation:
The correct question is as follows;
Suppose the time to process a loan application follows a uniform distribution over the range 7 to 15 days. What is the probability that a randomly selected loan application takes longer than 14 days to process
Please check attachment for solution to question
If y = x then it would just be y = x. A straight line going up through the origin.
Depreciation = (Cost - Residual)/Useful Life
Cost = $48,000
Residual = $9,000
Useful Life = 15 years
Depreciation = (48,000-9,000)/15
Depreciation = 39,000/15
Depreciation = $2,600
The refrigerator will depreciate at $2,600 a year.
28,520 children fiction books
Answer:
1/3
Step-by-step explanation:
5 over 15
divide both by 5 to simplify 1 over 3